Warner Bros. is perhaps more famous for being the company that owns the Looney Tunes and Merrie Melodies cartoons. The line that closed many of these cartoons, "Th-th-th-that's All, Folks!" was spoofed as "Th-th-that's Awful, Folks!" in The Muppets Go to the Movies.

In 2010, Warner Bros. acquired the rights to distribute Sesame Workshop properties on home video through their Warner Home Video division[2] and to manufacture video games based on the Sesame Street characters through Warner Bros. Interactive Entertainment.

A Sesame Street parody intro (for The Lion King) was introduced as a "Walt Dizzy Film," with a small Warner Bros. shield-logo parody below (with the letters "WD" replacing "WB"), and an MGM-like circle with a chicken in the spot of the studio's trademark lion.